ISE FX Euro ST: the upside prevails.

By IBT Staff Reporter On 02/04/09 AT 10:29 PM

R3 : 81R2 : 79.4R1 : 78.45L : 77.59P: 75S1 : 75S2 : 72S3 : 69.75

Update on supports and resistances.Pivot: 75Our preference: Long positions above 75 with targets @ 78.45 & 79.4 in extension.Alternative scenario: Below 75 look for further downside with 72 & 69.75 as targets.Comment: the pair has rebounded on its support and is challenging its resistance.8179.478.4577.59 (last)757269.75